Thursday, January 14, 2010

The Blankfein-Paulson-Rubin Goddamn-Sachs (+ JPMorgan-Chase & Citi, etc.) DESTRUCTION of America CONTINUES: 2009 retail sales "PLUNGE by RECORD AMOUNT"

 The below story illustrates HOW INSANELY CORRUPT, ARROGANT, and even DELUSIONAL President Obama is, for even a FULL YEAR in office,  HE HAS SHOWN  __NO EMPATHY__ with those LAID OFF, UNEMPLOYED, DENIED HEALTH CARE, and VICTIMIZED by the "pump and dump,"  "INFLATE and BUST" economy  which was THE ONLY reason he was elected in the first place.  Since assuming office a year ago this January, Mr. Obama has PRESIDED OVER THE DESTRUCTION of FOUR MILLION JOBS,  but exhibits  NO  "FIERCE URGENCY OF NOW" to do ANYTHING about it... but hand over MORE TAXPAYER BILLIONS  in "Bailouts" to the very bankers whose FRAUD  precipitated the economic crisis!  Note this next paragraph in the above ABC/AP  news report:
  December Retail Sales Drop 0.3 Percent
Retail sales drop 0.3 percent in December as  
By Martin Crutsinger, AP Economics Writer
WASHINGTON January 14, 2010 (AP)   

Retail sales fell in December as demand for autos, clothing and appliances all slipped, a disappointing finish to a year in which sales had the largest drop on record.
The weakness in consumer demand highlighted the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades.

 Consumer spending is considered critical to any sustained economic revival since consumer spending accounts for 70 percent of total economic activity. 
 There it is in black and white:  "CONSUMER SPENDING ACCOUNTS for __70%__ of  TOTAL ECONOMIC ACTIVITY" in America...

... yet the DELUSIONAL and INSANELY CORRUPT  President Obama, at the behest of his RAHM EMANUEL & (Rubinite) GODDAMN-SACHS BANKERS,   CONTINUES to SHOVEL TRILLIONS of TAXPAYER/consumer dollars, into the INSANELY GREEDY MAW of Goddamn-Sachs and the other predatory New York and international banks! 
 THIS is what YOU PAID FOR, America, with your  TWENTY+ TRILLIONS of  TAXPAYER EXTORTED BAILOUTS -  and, unlike the similar  vast government/TAXPAYER SPENDING during the 4 WWII years,  YOU DON'T HAVE __ANYTHING__ to show for it, besides Mr. Blankfein's smug smirk, Jamie Dimon's bonus millions, Robert Rubin & Lawrence Summers' rescue from their financial near-death experience,   and your  bought-&-bribed Congress  & White House putting on serial  DOG & PONY SHOWS, as they hand over  fresh NEW BILLIONS in "bailouts" wholesale larceny to the SAME  "we PRODUCE NOTHING but PINK SLIPS & EVICTION NOTICES" banksters!
 NOW - GO WATCH SOME TV, America, and pay your due deference to your (fraudulent, pathologically corrupt) superiors!